Class Dues
Fiscal Year 2023-2024
The usual dues request notice was sent to all classmates in July. It stated that no class dues were needed because no further class expenses were anticipated. We had $22,000 in our bank account . However, contributions to the Princeton Class of 1955 Foundation, Inc. were welcomed. Gifts continued to trickle in even though the Foundation was in the process of closing. The residua of the class treasury was donated to the AlumniCorps Princeton Project 55 last November when the class bank account was closed. The official class organization remained intact and will continue to welcome suggestions and news. Monthly Class Notes and classmate memorials will continue to appear on the class website.
Fiscal Year 2022-2023
One hundred fifty one returns were received from July 2022, when the first of two dues requests was mailed, until June 30, 2023, the end of the fiscal year. Payments were from 151 classmates and from 18 widows. The participation rate of 50% was about the same as the previous year when we had 36 more classmates. There were also 62 gifts to the Princeton University Class of 1955 Foundation.
Class Dues should not be confused with Annual Giving. Dues are deposited in the Class of 1955 bank account and are used strictly for class activities. Donations to Annual Giving go into the University's general fund. Most classmates contribute to both. Other events, which are self-supporting and not funded from the class treasury, include The Princeton University Class of 1955 Foundation, Annual Giving, Princeton AlumniCorps (formerly Princeton Project 55), Fifty Five Fund for Senior Thesis Research, major reunions, receptions, class dinners and class trips. We hope to include you in any or all of these activities.
Your financial contributions as well as your suggestions for additional activities are most welcome.